You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

Tract 1 Hernandez Rd Santa Fe, NM 87507

9.29 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9.29-acre residential land parcel presents a unique development opportunity in Santa Fe, New Mexico. Located near the thriving southside retail corridor and easily accessible via Tierra Contenta Dr, Ocate Rd., and Hernandez Rd., this level lot is ready for immediate development. The property boasts convenient proximity to utilities and is situated approximately 1.5 miles from the I-25 intersection, offering excellent connectivity. Zoned R-21 Residential (21 dwelling units per acre), this site is ideal for a variety of residential projects. The asking price is $3,437,300, representing a compelling investment in a rapidly growing area of Santa Fe. This prime location offers significant potential for residential development, capitalizing on the area's increasing demand for housing. The property's level topography simplifies construction, minimizing site preparation costs. Its strategic location near major roadways and amenities ensures high visibility and accessibility for future residents. Don't miss this chance to acquire a substantial piece of land in one of Santa Fe's most desirable areas. The property is situated at 0 Hernandez Rd. Tract 1, Santa Fe, NM 87507.

Property profile
Verified
Property type Land
Lot 9.29 ac (404,672 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Tract 1 Hernandez Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message